16 Richards Avenue

    16, RICHARDS AVENUE, ROMFORD, RM7 9ES

    This terraced freehold property on Richards Avenue last sold in October 2017 for £350,000. Based on price growth in the RM7 district since then, its estimated current value is £421,318 — placing it in the 70th percentile nationally and the 47th percentile within RM7. The property covers 68 m² (732 sq ft), giving an estimated value of £6,196 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £350,000

    Oct 2017

    Estimated Valuation

    £421,318

    Est. £/sq ft

    £576/sq ft

    £6,196/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateSept 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Oct 2017

    £350,000

    6 Jan 2014

    £209,000

    17 Oct 2008

    £185,000

    Key Metrics

    Estimated valuation£421,318
    Value per sq ft / m²£576/sq ft (£6,196/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile47th percentile
    National percentile70th percentile

    District Context — RM7

    RM7 covers areas in east London, situated within the broader Romford postcode region. The district is characterised by suburban residential neighbourhoods with a family-oriented demographic and mix of owner-occupied and rental properties.

    Average Property Price - RM7

    £410,811

    69

    National percentile

    Average Net Household Income - RM7

    £49,346

    87

    National percentile

    10-Year Annualised Price Growth - RM7

    5.2%

    91

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM7

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